Hydro technology contracts activity in Q1 2022 saw 27 contracts announced, marking a drop of 57% over the last four-quarter average of 63, according to GlobalData’s power industry contracts database.
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Looking at global power contracts activity divided by the type of technology, hydro held the fourth position in terms of number of contracts during Q1 2022 with a 4.2% share.
The proportion of contracts by category in the Hydro technology tracked by GlobalData in the quarter was as follows:
- Supply & Erection: nine contracts and a 33.3% share
- Power Purchase Agreement: eight contracts and a 29.6% share
- Consulting & Similar Services: four contracts and a 14.8% share
- Repair, Maintenance, Upgrade & Others: four contracts and a 14.8% share
- Project Implementation: two contracts and a 7.4% share.
Asia-Pacific leads hydro contracts activity in Q1 2022
Comparing contracts activity in hydro technology in different regions of the globe, Asia-Pacific held the top position with 12 contracts and a share of 44.4% during Q1 2022, followed by Europe with eight contracts and a 29.6% share and North America with four contracts and a 14.8% share.
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By GlobalDataIn fourth place was South and Central America with two contracts and a 7.4% share and in fifth place was Middle East and Africa with one contract and a 3.7% share.
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Hydro technology contracts in Q1 2022: Top companies by capacity
The top issuers of contracts in Hydro technology for the quarter in terms of power capacity involved were:
- Hubei Qichun Garden Pumped Storage Power Station: 1,200MW from one contract
- Hydro-Quebec (Canada): 263MW from one contract
- Yukon Energy (Canada): 10MW capacity from one contract.
Hydro technology contracts in Q1 2022: Top winners by capacity
The top winners of contracts for the quarter in terms of power capacity involved were:
- Brookfield Renewable (United States): 263MW from one contract
- Tlingit Homeland Energy (Canada): 10MW from one contract.
All publicly-announced contracts are included in this analysis drawn from GlobalData’s Power database, which covers power plants, T&D projects, equipment markets, analysis reports, capacity and generation, and tracks tenders and contracts on a real-time basis.
More in-depth reports and analysis on all reported contracts are available for subscribers to GlobalData’s Power database.